New Delhi: Leading stock exchange BSE on Thursday asked brokers to submit net worth certificate, auditor's report and annual report for the past fiscal in electronic format by October 31.
"Submissions of net worth certificate, computation of net worth, auditor's report and audited annual accounts (for the financial year ended March 31, 2017) are required to be made online in electronic format by October 31," the BSE said in a circular.
In case a member fails to submit the details within the prescribed timeline, the exchange will impose fine and can also deactivate the trading terminals. A fine of Rs 100 per day will be slapped till the first month from the due date and Rs 200 each day from the second month after the due date and Rs 300 per day till the date of submission or date of discontinuation of margin trading facility, whichever is earlier, it said.
BSE SME platform crosses 200
Mumbai: Asia's oldest stock exchange BSE's platform for small and medium enterprises (SMEs) on Thursday crossed the 200 mark with the listing of three more companies.
The three companies listed on BSE SME are Share India Securities, Trident Texofab and Poojawestern Metaliks.
With the listing of these companies on Thursday, the number of companies listed stood at 201 on the BSE SME platform.
The total market cap of BSE small and medium enterprises is Rs 17,268 crore and represents companies from 15 states and 20 major sectors.